Gibraltar Senior Housing Project - Details on ZAWYA KSA Edition
added on: 28 September 2020

Gibraltar Senior Housing Project

Ongoing

Background

Gibraltar Beijing International Construction Co Ltd planned to develop the Gibraltar Senior Housing Project. The project covers the construction of one 11 level building, a built up area of 10000 sq.m. After the completion of construction, it will provides 171 units of single and double bedroom, 182 units of elderly use-only bedrooms. HM Government of Gibraltar and Beijing Construction Engineering Group Co Ltd joint ventured the Gibraltar Beijing International Construction Co Ltd in Sep 2017. Each owned 50% of shares of the company. The implementation of the elderly apartment project indicates that Beijing Construction Engineering has achieved initial goals in the market development of the region. Beijing Construction Engineering will actively utilize the advantages of modular prefabricated construction technology in terms of construction speed and quality management to comprehensively promote project construction. The project has obtained a complete planning permission from the Gibraltar Planning Bureau, and domestic and foreign resources are entering the site in an orderly manner.
Country
Sub-Sector
Residential
Facility Type
N/A
Project Type

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